Indian jewellers report a sharp shift to recycled gold: exchanges now drive 65% of Joyalukkas sales (up from 40-45%) and 40-45% at Kalyan (up from 30%). Tanishq saw 440,000 customers swap 10 tonnes in 8 months. Trigger: 24K gold at ₹1,56,086/10g vs ₹99,961 a year ago, plus 15% import duty.

ET Small Business · 6/4/2026, 7:21:04 PM

SEBI's interim order accuses gold-jewellery exporter Rajesh Exports of inflating revenues by Rs 15.15 lakh crore over FY21-25 and bars promoter Mehta from securities dealings pending forensic audit. Mutual funds held just 0.5% since March 2016, but LIC's stake rose from 1.99% to 11.22%, with FPIs at 14.2%.

Indian Express · Business · 6/4/2026, 4:04:35 PM

Titan aims to double FY26 revenue (₹76,078 cr) and operating profit by FY30, anchored by Tanishq scaling to ~1,400 stores for 11% market share, Damas (67% stake, $283M) leading Gulf expansion, and Eye+ targeting ₹3,500 cr. Stock closed +3.7% at ₹4,238.80.

Mint · 6/4/2026, 3:44:49 PM

Titan plans to double consolidated revenue and operating profit by FY30, scaling Tanishq, Mia and Zoya to ~1,400 stores for ~11% jewellery share. International arm to grow 2.5x via Damas (67% stake, $283M) across GCC, Singapore and North America. Eye+ targets ₹3,500cr; emerging businesses 3.4x. FY26 revenue ₹76,078cr, PAT ₹5,073cr (+52%).

Mint · Companies · 6/4/2026, 3:43:25 PM

Titan plans to double jewellery revenue at 20% CAGR by FY30, lifting India market share to 11% from 8.5% and scaling its store network to 1,400 from 800. A 67% stake in Damas anchors Gulf expansion, while Q4 jewellery sales hit ₹18,195 cr within ₹23,934 cr group revenue (+77.6% YoY).

CNBC-TV18 · Companies · 6/4/2026, 9:12:55 AM

DGFT now requires prior authorisation for imports of 99.9% pure silver in grain, powder and unwrought forms. The clampdown follows a 15% tariff hike and targets a 157% YoY surge that pushed FY26 silver imports to $12B versus $4.8B prior. Jewellery retailers like Tanishq and bullion-linked investment products face tighter sourcing.

The Hindu BusinessLine · 6/2/2026, 2:37:05 PM

In its Q4 FY26 India strategy note, Motilal Oswal flags consumer discretionary and new-age platforms as preferred bets, naming Titan, Eternal (Zomato parent), Lenskart, Indian Hotels, Radico Khaitan and Delhivery as top ideas. Broader market sees just 5% EPS growth in FY26 against a 16%+ CAGR over FY20-25.

NDTV Profit · 6/2/2026, 4:11:11 AM

A duty hike has triggered a near-70% collapse in India's gold demand, pressuring jewelry chains like Tanishq, Titan and Kalyan. Analysts weigh near-term price support and resistance as retailers brace for weaker footfall and shifting consumer strategy.

Business Today · Latest · 6/1/2026, 10:13:10 AM

Tata Sons reviews Tata Digital amid mounting capital-intensive losses. New CEO Sajith Sivanandan is repositioning Tata Neu from a consumer-facing super-app into loyalty and payments connective tissue across BigBasket, 1mg, Croma and Cliq, after BigBasket ceded quick-commerce share to Blinkit, Zepto and Swiggy Instamart.

Financial Express · BrandWagon · 5/31/2026, 8:13:25 PM

Effective duty on gold and silver raised to ~15% from May 13, 2026, with BCD doubled from 5% to 10%. Jewellers report demand collapsing to 7.5 tonnes from 25 tonnes. Move targets $84B FY26 bullion imports (10.8% of merchandise), after gold imports surged 81.7% YoY and silver 157.2% YoY in April.

Business Today · Latest · 5/31/2026, 2:54:48 AM

With imports surging from $57.9B in 2024 to $72.4B in 2025, Tanishq is leaning on its Tendulkar-fronted exchange programme to tap India's 25,000-tonne household gold pile. 36 lakh customers have already swapped jewellery, with 14,000 kg recirculated last year alone.

ET Small Business · 5/27/2026, 2:58:26 PM

Business Today's cover story charts Titan's evolution under the Tata Group into a ₹3.6 lakh crore retail giant, with Tanishq jewelry leading growth alongside watches and eyewear verticals.

Business Today · Latest · 5/27/2026, 11:41:34 AM

India's gold imports surged 24% to $72.4B in FY26, but the bigger shift is inside homes: 25,000 tonnes of household gold is increasingly recirculating. Tanishq's old-gold exchange now powers roughly half of sales, with 14,000 kg recycled last year across 36 lakh exchange customers — signaling a structural pivot toward exchange-led consumption.

Business Today · Latest · 5/27/2026, 7:06:23 AM

CMO Ranjani Krishnaswamy frames analogue as horology's 'third force', citing 16% growth against ~50% smartwatch value decline. Titan leans on story-led mechanical and Swiss lines across Fastrack, Sonata and Raga to recapture wrist real estate from fading smart wearables.

ET BrandEquity · 5/27/2026, 5:41:47 AM

Swatch Group's Tissot says India now ranks behind only China and the US, growing 35% annually with April sales up 43% YoY. The brand operates 430+ points of sale and 25 franchise boutiques, scaling via Tata CLiQ and Amazon at CHF 300-1,000 price points targeting first-time luxury buyers.

Mint · Companies · 5/27/2026, 12:33:52 AM

Tata Sons concluded its board meeting in Mumbai with outcomes yet to surface. Parent-level decisions on capital allocation, leadership and group strategy will ripple across retail arms — Trent, Titan, Croma and Tata Consumer — shaping store rollouts and category bets in coming quarters.

Moneycontrol · News Web · 5/26/2026, 9:43:53 PM

Tata Sons chairman N. Chandrasekaran will present a refreshed business roadmap to the board, recalibrating priorities across operating companies including Trent, Titan, Tanishq and Croma. The move follows recent leadership and governance shifts at Tata Sons and Tata Trusts, signalling a potential reorientation of group retail strategy.

Moneycontrol · News Web · 5/26/2026, 4:54:10 PM

MD Ajoy Chawla says it's too early to gauge impact of policy signals; awaits clarity by June-end. Jewellery revenue grew 48% to Rs 79,660 cr, with consumers pivoting to 14/18-carat amid record prices. Targets 20-25% same-store growth.

Business Standard · Companies · 5/26/2026, 6:43:04 AM

MD Ajoy Chawla is rewiring Titan as gold-import curbs and PM's anti-gold remarks triggered a 7% crash despite 46% Q4 growth. Plan: scale Skinn fragrances (38% YoY), expand IRTH bags from 17 to 200-300 stores, push EyePlus, and reduce reliance on jewellery that drives 94% of incremental growth.

Mint · Companies · 5/25/2026, 11:37:47 AM

MD Ajoy Chawla is rewiring Titan beyond Tanishq, scaling watches (₹5,267 cr, 15-16% Ebit), eyewear (₹916 cr vs Lenskart's ₹8,800 cr), Skinn fragrances, IRTH handbags and Taneira ethnic wear—after gold tariff shock and PM's gold caution triggered a 7% crash.

Mint · 5/25/2026, 11:36:34 AM

Proxy advisory InGovern argues that internal differences within Tata Trusts strengthen the rationale for listing Tata Sons, flagging governance, transparency and value-unlock benefits across the Rs 25 lakh crore group spanning Titan, TCS, Tata Motors and Tata Steel.

Moneycontrol · 5/25/2026, 2:31:09 AM

Proxy advisor InGovern has urged the RBI to enforce a time-bound listing of Tata Sons, flagging governance and transparency gaps. A listed holdco would reshape capital flows to retail arms Titan, Trent and Tata Consumer Products, while crystallising value for 1.20 crore retail shareholders across the group.

The Hindu BusinessLine · 5/24/2026, 12:40:31 PM

Global AI smart glasses shipments projected to hit 15M units in 2026 (+85% YoY), with Meta holding 80% share and Google's Android XR entering the fray. India adoption seen gradual on premium pricing; Titan testing waters through Fastrack and Titan EyeX sub-brands.

The Hindu BusinessLine · 5/24/2026, 12:11:32 PM

Titan's FY26 revenue is set to top Rs 75,000 crore, up from Rs 50,000 crore in FY25, with jewellery growing 48% and Damas deepening West Asia presence. Tanishq, CaratLane, Mia, Skinn, Fastrack, Taneira and Irth anchor an expanding portfolio across jewellery, watches, eyewear, fragrances, sarees and bags.

Business Today · Latest · 5/24/2026, 7:50:45 AM

Crisil sees gold jewellery volumes sliding 13-15% in FY27 to a 10-year low of 620-640 tonnes, after an 8% FY26 dip, as the 15% import duty and Rs 1.6 lakh/10g prices bite. Revenues still grow 20-25% on 35-40% higher realisations. Titan's jewellery arm clocked Rs 16,047 cr, up 48% YoY, on exchange-led buying.

Times of India · Business · 5/23/2026, 12:15:33 AM

Gold import duty raised from 6% to 15%. JM Financial expects limited revenue hit for organised jewellers, with possible one-off inventory gains. Key risk flagged: potential RBI curbs on Gold Metal Loan scheme. Titan down 8.81% and Kalyan down 15.28% over the past month.

Financial Express · BrandWagon · 5/22/2026, 11:19:42 AM

Ambit flags FY27 demand moderation and margin pressure across Indian consumer. Top picks: Trent (TP Rs 5,020), Titan (Rs 5,257), Nykaa (Rs 314), Vishal Mega Mart (Rs 137). Sell DMart (Rs 3,618), Lenskart (Rs 437), Page. ABFRL target cut 25%, QSR names Jubilant cut 15-17%.

Business Today · Latest · 5/22/2026, 9:06:16 AM

Q4 FY25 net profit hit 783.8M rupees ($8.2M) vs 202.8M YoY, with beauty revenue up 27.2% to 24.10B rupees and fashion up 40% to 2.25B. Total revenue rose 28.4% as Nykaa leans into offline expansion and premium global partnerships including Fenty and Kay Beauty.

Business of Fashion · Retail · 5/21/2026, 2:33:44 PM

Eyewear major posts FY26 revenue of ₹8,814 Cr (+33%) and PAT of ₹500.9 Cr (+69%), even as Q4 PAT slips 7.5% to ₹203.6 Cr. Aggressive store rollout continues with 183 net additions, taking the global footprint past 3,300 outlets ahead of its IPO push.

Inc42 · 5/21/2026, 2:38:59 AM

Tata Sons' FY26 dividend income falls 10.3% to ₹32,615 cr from ₹36,342 cr, but a ₹6,700 cr Tata Capital listing gain softens the blow. Noel Tata is pressing for clarity on losses at Tata Digital and Air India ($3B), tightening capital available for retail-adjacent bets across Trent, Titan and Tata Consumer.

Mint · 5/21/2026, 12:17:26 AM